Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With 11,509 people, 4,884 houses or apartments, and a median cost of homes of $392,270, Griswold real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Griswold, accounting for 64.98% of the town's housing units. Other types of housing that are prevalent in Griswold include large apartment complexes or high rise apartments ( 16.14%), row houses and other attached homes ( 7.78%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 6.04%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Griswold. Owner-occupied housing accounts for 73.83% of Griswold's homes, and 59.59% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Griswold built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Griswold built before 1939 ( 20.88%). A lesser amount of the housing stock also hails from between 2000 and later ( 17.71%). There's also some housing in Griswold built between 1940-1969 ( 16.20%).
Real estate appreciation rates in Griswold's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.00% during the period.
Appreciation rates are so strong in Griswold that despite a nationwide downturn in the housing market, Griswold real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Griswold appreciation rates continue to be some of the highest in America, at 10.23%, which is higher than appreciation rates in 95.63% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Griswold. Griswold appreciation rates in the latest quarter were at 1.96%, which equates to an annual appreciation rate of 8.07%.
Relative to Connecticut, our data show that Griswold's latest annual appreciation rate is higher than 80% of the other cities and towns in Connecticut.
$392,270
for Connecticut
for nation
4,884
$2,151 / per month